Melco Crown Entertainment
Melco Crown Entertainment It was a tale of two different outcomes for Melco Crown Entertainment and MGM Mirage gaming stock on Tuesday. Melco Crown had a solid increase in price, while MGM fell by almost five percent.

Melco Crown has been known to buck the trend when it comes to gaming stock on the US market. For Tuesday, Melco stock increased by 6.05%, to $4.03 a share. The stock has dropped drastically in the past six months, falling from a high point of $7.90 in September, to the current price of $4.03.

MGM Mirage has experienced much of the same fate, however, their stock has not fallen as far as Melco. On September 22nd, MGM stock was $13.51. On Tuesday, the stock dropped to $10.43, representing a decrease of 4.49% for the day.

Several other gaming stocks followed in the footsteps of Melco, without experiencing as large of a percentage gain. Wynn Resorts was up 1.05%, Century Casinos up 0.81%, and Ameristar Casinos was up 0.60%. The prices closed at $63.68, $2.50, and $15.13, respectively.

Pinnacle Entertainment and Las Vegas Sands saw a similar fate as MGM. Pinnacle stock dropped 2.69%, or $.20, finishing the day at $7.24. Sands stock closed at $16.09, down 2.60%.

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